Wednesday, 10 May 2017

Edelweiss Tokio launches India's first insurance that can be bought at PoS

Edelweiss Tokio launches India's first insurance that can be bought (खरीद लिया) at PoS

The country's first, and perhaps the simplest life insurance product that can be bought at a point of sale (PoS) has finally been launched. Edelweiss Tokio Life Insurance has recently launched PoS Saral Nivesh -- the first product to be approved by the Insurance Regulatory (नियामक) and Development Authority of India's (IRDAI) guidelines on point of sale-life insurance products. PoS Saral Nivesh is a non-linked, non-participating endowment life insurance plan which offers both protection and saving. The benefits are guaranteed and are payable in case of maturity or death, whichever .